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Cryptocurrencies Price Prediction: Shiba, NFTs & Bitcoin – American Wrap 21 April

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: ECB fires up cryptocurrencies

Bitcoin price, Ethereum and other cryptocurrencies are all using the window of opportunity this morning afforded by comments from the Vice-President of the ECB, de Guindos, that a July rate hike is in the cards. As a result the dollar index is dipping below 100 and is creating a gap to the upside in cryptocurrencies across the board. Expect to see a rally throughout the day and into the weekend as Macron is set to win the elections on Sunday, further weakening the dollar and translating into higher cryptocurrencies to come.

These are the rare NFTs that football superstar Neymar bought

Renowned football star Neymar Jr has purchased two Bored Ape Yacht Club NFTs for upwards of $1.1 million. The purchase of Bored Ape Yacht Club NFTs by a renowned football celebrity has fueled a bullish outlook among investors. 

SHIB could fake out traders once again before making more gains

Shiba Inu price choppy price action supports the idea of a triangle formation. Traders should keep an eye on the digital meme coin for profitable opportunities.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP ticks up as risk-off mood, weak ETF demand cap recovery

Ripple (XRP) rebounds above $1.23 from support at $1.20 at the time of writing on Wednesday, as the broader cryptocurrency market pares losses triggered by escalating tensions in the Middle East.

Crypto Today: Bitcoin, Ethereum pare losses as XRP rebounds amid escalating tensions in the Middle East

The cryptocurrency market remains largely under pressure on Wednesday amid escalating tensions in the Middle East. After plunging from its May high of $82,823, Bitcoin (BTC) is showing signs of stabilization, consolidating above the key $67,000 support level.

Bitcoin takes a breather above $65,000 amid swelling institutional pressure

Bitcoin hovers above $67,000 as of Wednesday, taking a breather after over 6% loss the previous day. Whales are reducing their BTC holdings, likely influenced by the 12-day streak of ETF outflows.

Ondo extends gains, defying the broader market crash

ONDO extends gains on Wednesday, after rising 9% the previous day. Early access to Ondo Perps, offering 24/7 perpetual futures on US stocks, ETFs, and commodities, fuels the recovery.

Billions in ETF outflows don’t bode well
Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential. Institutional demand continues to weaken so far this week.